Ultimate guide on how to transfer
Litecoin from Coinfloor to Private: Simex

Step by step overview on how to withdraw Litecoin from Coinfloor

The process and security being implemented by Coinfloor for their deposits are also the same with how one make withdrawals from their platform. Additionally, the steps are also very much easy to follow just like other exchanges.

As such, we have prepared this guide for you to follow so your first withdrawal will become a success.

  1. Withdraw Litecoin from Coinfloor
  2. Withdraw Fiat money from Coinfloor

As what we usually do, you will have to log in to your account first by putting in your registered email address and password. You can also tick the small box if you’re a trader and wishes to disable the additional 2FA. When you’re ready, click the ‘Sign In’ button.

Input the 2FA code from your Authy device and hit the ‘Submit Authy Code’ button. You have enabled this during account registration.

Hit on the ‘My Account’ tab which you can see on the top navigation bar.

Click ‘Withdraw’ to start your withdrawal.

1. Withdraw Litecoin from your Coinfloor account

To withdraw Litecoin from Coinfloor, you must register your cryptocurrency wallet address first before placing a request. To initiate this, select Litecoin from the list by clicking on it.

Carefully read all the instructions and tick the small box confirming that you have understood and accepted everything. Hit on the ‘Register Litecoin Withdrawal Details’ button once done.

Enter your Litecoin withdrawal address on the designated field. This particular info is a long string of combined letters and numbers. To continue, hit on Register. Coinfloor processes requests from their multi-signature cold storage vaults once daily and during business hours.

Great job! You have successfully withdrawn Litecoin from your Coinfloor account.

2. Withdraw Fiat money from your Coinfloor account

If for any reason you want to withdraw Fiat instead of crypto coins, you can also do it from the ‘Withdraw’ section of the exchange. From the list, choose the asset or currency from which you will be sourcing the funds.

After going through the instructions and reminders, tick the box confirming that you have understood everything, and click on the ‘Register (chosen currency/asset) Withdrawal Details’ button.

On the next page, you will need to enter your bank account details. Be sure to provide accurate info to prevent any issues. Hit on Register to continue.

Coinfloor processes these requests once a day and during business hours. USD & GBP withdrawals are usually received in 1-5 working days, whereas EUR withdrawals arrive in 1-2 business days.

Note: For additional information about withdrawals, you can also check Coinfloor’s support section.

Here, you can view the withdrawal that you’ve just made. You can locate this by accessing your ‘My Account’ page.

Congratulations! You have easily withdrawn Fiat money from your Coinfloor account.

Step by step guide on how to deposit Litecoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Litecoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Litecoin to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Litecoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Litecoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Litecoin to your Simex account.

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